Here’s what’s in Paul Ryan and Patty Murray’s mini-budget deal

Posted by Ezra Klein on December 10, 2013 at 6:34 pm

1. The total deal is $85 billion. About $45 billion of that replaces sequestration cuts in 2014. About $20 billion replaces sequestration cuts in 2015. About $20 billion is deficit reduction atop sequestration.

2. The sequestration relief is evenly divided between defense spending and non-defense discretionary spending. The sequester’s cuts to mandatory spending are unaffected.